Stock Analysis
- United Kingdom
- /
- Metals and Mining
- /
- AIM:GFM
Griffin Mining First Half 2023 Earnings: EPS: US$0.028 (vs US$0.017 in 1H 2022)
Griffin Mining (LON:GFM) First Half 2023 Results
Key Financial Results
- Revenue: US$69.5m (up 100% from 1H 2022).
- Net income: US$5.19m (up 71% from 1H 2022).
- Profit margin: 7.5% (down from 8.7% in 1H 2022). The decrease in margin was driven by higher expenses.
- EPS: US$0.028 (up from US$0.017 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Griffin Mining Earnings Insights
Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat.
Performance of the British Metals and Mining industry.
The company's shares are up 14% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Griffin Mining that you should be aware of.
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About AIM:GFM
Griffin Mining
A mining and investment company, engages in the mining, exploration, and development of mineral properties.
Flawless balance sheet with solid track record.